Expansion

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Expansion

Phase of the business cycle as it climbs from a trough toward a peak.

Expansion

In a business cycle, a period of growth during which an economy moves from its trough to its peak. For example, if an economy dips to growth of -2.5% and then recovers to 3% growth, this period is called expansion. It is considered a normal and inevitable part of a business cycle following a recession or other contraction. Expansion is also called recovery.
References in periodicals archive ?
expanded and Insurance Information Institute renewed.
1 -- 2) Workers are already stocking the expanded shelves of the new Studio City branch library.
Neither kind of 80386 upgrade board uses any memory previously installed on the computer and neither requires separate expanded or extended memory boards.
EMCO - which manufactures large, small, and micromesh expanded metal products for the filtration, architectural, security fencing, electro-chemical, agricultural, leisure, building products, and automotive markets - operates manufacturing facilities in Hartlepool, England, and Hannover, Germany; and a warehouse/sales office in Poznan, Poland.
The Kanawha store is relocating within the same mall and will double in square footage from 40,000 square feet to 80,000 square feet, allowing for new businesses and expanded merchandise selection in all departments.
has expanded its implementation and production use of DRC's V1STA RateMaker to include rate plans for a number of Arrowhead's commercial lines products.
Bonnell continued, "In this newest version we enhanced drill-down capabilities, expanded e-mail capability, increased query speed and added new fraud detection intelligence.
As the business expanded, we moved towards a system of remote users requiring access over the WAN to the central data, but the network was becoming unacceptably slow," said Kevin Maw, Network Services Controller, Amethyst Group.
The expanded Dongfeng Cummins will add Cummins B series engines to its production capabilities, and will continue to be a 50-50-equity joint venture between DFAC and Cummins.
Projects slated for fiscal 2003 include expanded emergency departments, new cancer centers, new and expanded cardiology centers, expanded medical/surgical capabilities and new outpatient centers, as well as additional inpatient bed capacity.
Expanding Hatch's licensing agreements is in response to customer demand to have Kathy Hatch designs available on expanded product lines.

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